Wednesday, October 15, 2008

18:03 ECONOMY • The XXI century it has just begun with the fall of the world stocks. Bretton Woods has just been buried. Times with financial systems without State regulations have just finished. Financial systems without industrial structures to support it have just finished. It is time to take into account to the India, to China, to the Brazil. "It is an injustice that the world depends on the casino of the Wall Street” Lula dixit.

APN (Achacachi Post News).- It is the moment of inaugurating financial systems with controls and regulations of the State.
What to do to save this crisis? The USA should invest or spend to save to the banks? That is to say, should USA keep the "garbage" or does USA buy part of the banks assets for then maybe in a future can sell those assets, even with earnings?

Nope. The Congress denied that petition. The Congress rejected the plan of rescuing to the banks and companies. Among the reasons to reject the help were this plan would go against our conservative principles and is socialism even communism the Republican representatives argued.
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